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Hi all,I've been a "renter" all my life and finally buying a townhouse in state of NJ to live in. After reading a lot about putting my money to work and I do have over 130k to work with, I am now thinking if I should ...
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I just bought a 3 family. Two vacant units. 3rd floor has a young couple. Prior to the purchase I spent time around the property and saw a young guy (not a tenant) going in and out of the property with a small dog. W...
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Hello,
So I have this couple, their mother, and their new baby living on the first floor of my building. They mentioned to me that they have a church group over on sunday's. That I'm all fine with. What I'm star...
Hey!
I wanted to reach out and see if anyone had any experience getting a multifamily unit using an FHA loan.
Specifically,
1) How does the process work?
2) Do you find a property and pitch the “idea” to a bank?
...
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I have a tenant whose boyfriend is essentially living there now. The lease states that no one can stay more than 15 days without being on the lease. She says he stays at his own place about once every 10 days (conve...
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Hi guys, I need some feedback. I live in the Houston area and I am in the process of acquiring my first multi family property, which I will be house hacking. I am currently renting and my lease will expire before I bu...
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So, I'll soon be moving to Indianapolis and I want to buy a decent house with the intent to air b&b the extra space. However, there is a possibility that I might have to end up renting a house if I can't find one ...
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Hello all. I have a question, but first my background. I currently have a rental that is about valued at $86k and my debt is $94k. I bought in 2008 and have had decent occupancy since, but have not came close to turni...
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Hi, I'm renting my 2nd property after starting in February to invest in real estate. The first property was rental ready and only had a about $800 worth of cleaning and cleanup needed to put it on the market. It re...
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I have a potential tenant asking me about a rental property to allow pets. I told them I do not allow pets. They really want to rent the property because of school district. Not very many rental properties in school...